Registration number: 07024542

Oxford Aerials Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 10

Oxford Aerials Limited

(Registration number: 07024542)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	16,413	28,916
Investment property	6	350,000	350,000
		366,413	378,916
Current assets
Stocks	7	21,990	13,160
Debtors	8	36,275	26,286
Cash at bank and in hand		105,561	64,000
		163,826	103,446
Creditors: Amounts falling due within one year	9	(98,648)	(92,047)
Net current assets		65,178	11,399
Total assets less current liabilities		431,591	390,315
Provisions for liabilities		(9,096)	(12,222)
Net assets		422,495	378,093
Capital and reserves
Called up share capital	10	100	100
Revaluation reserve		14,979	14,979
Retained earnings		407,416	363,014
Shareholders' funds		422,495	378,093

For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director s' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 ; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Oxford Aerials Limited

(Registration number: 07024542)
Balance Sheet as at 31 December 2025

Approved and authorised by the Board on 7 September 2026 and signed on its behalf by:
 

......................................... Mr S P Guard Director

Oxford Aerials Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
First Floor
Wyndham House
Lester Way
Wallingford
Oxfordshire
OX10 9TD

These financial statements were authorised for issue by the Board on 7 September 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Oxford Aerials Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	25% reducing balance
Fixtures, fittings and equipment	25% reducing balance
Motor vehicles	25% reducing balance

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Oxford Aerials Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Asset class	Amortisation method and rate
Goodwill	10% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Oxford Aerials Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 5 (2024 - 6).

Oxford Aerials Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 January 2025	50,000	50,000
At 31 December 2025	50,000	50,000
Amortisation
At 1 January 2025	50,000	50,000
At 31 December 2025	50,000	50,000
Carrying amount
At 31 December 2025	-	-

5	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 January 2025	17,836	73,780	91,616
Additions	790	-	790
Disposals	-	(14,100)	(14,100)
At 31 December 2025	18,626	59,680	78,306
Depreciation
At 1 January 2025	11,653	51,047	62,700
Charge for the year	1,743	3,694	5,437
Eliminated on disposal	-	(6,244)	(6,244)
At 31 December 2025	13,396	48,497	61,893
Carrying amount
At 31 December 2025	5,230	11,183	16,413
At 31 December 2024	6,183	22,733	28,916

Oxford Aerials Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

6	Investment properties

	2025 £
At 1 January	350,000
At 31 December	350,000

There has been no valuation of investment property by an independent valuer.

7

Stocks

	2025 £	2024 £
Raw materials and consumables	10,000	10,000
Work in progress	11,990	3,160
	21,990	13,160

8

Debtors

	2025 £	2024 £
Trade debtors	13,981	18,310
Prepayments	2,294	2,295
Other debtors	20,000	5,681
	36,275	26,286

Oxford Aerials Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

9

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	4,346	5,442
Taxation and social security	58,137	50,434
Accruals and deferred income	3,375	3,069
Other creditors	32,790	33,102
	98,648	92,047

10	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	100	100	100	100

11

Reserves

The changes to each component of equity resulting from items of other comprehensive income for the prior year were as follows:

12

Dividends

		2025		2024
		£		£
Interim dividend of £717.39 (2024 - £722.17) per ordinary share		71,739		72,217

13	Related party transactions

Summary of transactions with other related parties

Oxford Aerials Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Pest Wizards Limited
During the year the company entered into transactions with Pest Wizards Ltd, a company in which the directors are also shareholders. At the year end the amount of £20,000 (2024 - £Nil) was due from Pest Wizards Ltd.